Spotify’s stock price has been on a promising upswing, with analysts setting ambitious targets as shares edge near $400. The last time SPOT approached this mark was in early 2021, fueled by high-profile content deals, but concerns over profitability and market pressures pulled it down to the $70s in 2022. Under CEO Daniel Ek’s direction, Spotify shifted focus to profitability, cutting unnecessary expenditures. Analysts are optimistic, with targets ranging up to $490 from firms like Morgan Stanley and Deutsche Bank, driven by projected subscriber growth, podcasting, and ad revenue.
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Mark Zuckerberg Dethroned: Three 22-Year-Old Mercor Founders Become Youngest Self-Made Billionaires
Mercor’s 22-year-old founders have become the world’s youngest self-made billionaires after a $350 million funding round valued the AI recruitment startup at $10 billion, surpassing Mark Zuckerberg’s record. Mercor, a fast-rising recruitment startup powering AI model training for Silicon Valley’s biggest labs, has created the world’s youngest self-made billionaires. Three 22-year-old cofounders, including two Americans of Indian origin, have dethroned Mark Zuckerberg as the world’s youngest sel
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Soho House Acquired for £2 Billion as Ashton Kutcher Joins Board
Private members' club chain Soho House has been snapped up for $2.7bn (£2bn) by a consortium involving Hollywood actor turned investor Ashton Kutcher. The group opened its first club in London in 1995, and now has 46 Soho Houses in Europe, North America and Asia, as well a string of other up-market hospitality businesses. It is widely regarded as being a popular haunt of A-list celebrities, and one of its London venues was reportedly where Prince Harry and Meghan Markle had their first date.
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Wembanyama Inks New Five-year, $252 Million Extension
Victor Wembanyama had inked a five-year, $252 million extension with the San Antonio Spurs, according to ESPN’s Shams Charania. The contract is the largest rookie extension in NBA history. In the deal, “Wembanyama opted for a 25% maximum instead of the 30% supermax, which gives the Spurs more salary cap flexibility.” By passing on a “supermax” extension, Wembanyama could save the Spurs roughly $50 million overall, depending on next season’s salary cap. This saves San Antonio about $10 million
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‘MICHAEL’ becomes the first biopic in history to gross $1 BILLION
Michael Jackson, the King of Pop, continues to prove why his reign is immortal as the late entertainer’s biopic, Michael, starring Jaafar Jackson, becomes the highest-grossing biopic ever, surpassing a billion dollars at the global box office. Michael becomes the first Biopic to hit $1 billion at the box office. 🔥🕺#MichaelMovie pic.twitter.com/USzikqXDUx — AfroBeating (@AfroBeating) July 12, 2026 Powered by the enduring legacy of the King of Pop and a breakout performance from Jaafar Jacks
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Super Bowl champions Seattle Seahawks sold to billionaire Kholsa's group
An ownership group led by India-born billionaire Vinod Khosla has purchased the reigning Super Bowl champion Seattle Seahawks, the NFL team announced on Saturday. The Estate of Paul G. Allen revealed it entered into a formal sale agreement with a group led by the Khosla family, notably 71-year-old Sun Microsystems co-founder Vinod Khosla, a partner in the San Francisco 49ers' ownership group. The Khosla family will become the team's controlling owner, according to a Seahawks statement. "We ar
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Anthony Davis sells Los Angeles home for $32M
Another symbol of Anthony Davis' chapter in Los Angeles is officially gone. The Washington Wizards big man sold his Los Angeles home Thursday for a whopping $32,000,000. The home was originally listed for sale in August, months after Davis was dealt to the Dallas Mavericks in a February 2025 blockbuster trade that brought Luka Doncic to the Los Angeles Lakers. It hit the market at $39,900,000, 28.7% above market value and was sold for 19.8% under, according to the listing on Zillow. Located i
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